U.S. stock futures edge lower as Alcoa misses expectations

LONDON (MarketWatch) -- U.S. stock futures edged lower at the start of earnings season after aluminum giant and Dow industrials component Alcoa Inc. fell short of earnings expectations. See full story.

Futures Movers: Crude prices higher, but under $59

NEW YORK (MarketWatch) -- Crude oil futures recovered sharply off early lows Wednesday to trade slightly higher, boosted by a report showing both oil production and supplies fell in September. See full story.

Alcoa net rises 86% amid roiling metals markets

SAN FRANCISCO (MarketWatch) -- Aluminum giant Alcoa Inc. said late Tuesday its third-quarter profits and sales rose less than expected, tripped by a steep drop in metals prices and rising costs. See full story.

IPO Report: Visa sets in motion plans for major IPO in MasterCard's wake

NEW YORK (MarketWatch) -- Visa said Wednesday it's positioning itself for what will likely be a major initial public offering as the credit-card brand echoes the move taken earlier this year by rival MasterCard Inc. See full story.

Genentech third-quarter earnings rise 58%

SAN FRANCISCO (MarketWatch) -- Genentech Inc. reported a 58% rise in third-quarter net earnings late Tuesday, helped by higher royalty revenues and lower costs, with sales of its recently launched treatment for the leading cause of blindness in the elderly hitting $153 million. See full story.

SAN FRANCISCO (MarketWatch) -- Silicon Valley gave us the computer chip, the networking switch and Internet search. Now it seems to have given birth to another innovation during the past week. See full story.

LOS ANGELES (MarketWatch) -- OK, so Dilbert didn't win the Nobel Prize in economics this year. There's always next year, right? Or perhaps a parallel universe? You may wonder whether Dilbert and his creator, cartoonist Scott Adams, have any chance, but since the Nobel committee's records are sealed for 50 years our imagination runs free. See full story.

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